Position Sizing Controversy [Algo Trading 2021]
A lot of traders out there are under the impression that a “perfect” position sizing method exists for each algo strategy you create. Is that really true? (Hint: the answer is what has made this video controversial!).
In this video, I explore the basics, and dig into details, of 5 popular position sizing approaches. Some are simple, some a bit more complicated, but they all have advantages and disadvantages.
For your own algorithmic trading, how will you know which method is best? I describe some different ways to compare the approaches.
One big question that always comes up with position sizing is “should I pick the best approach for every algo trading system I create, or should I just pick one and go with it?” Find out the answer in the video!
Grab Kevin’s free mini S&P algo strategy and other helpful trading info: https://kjtradingsystems.com/freeyoutube21.html
Your Trading Guide: Kevin Davey has been algo trading futures for over 25 years, and is currently a full time trader. He is a 3 time international futures trading contest trophy winner and the author of 4 best selling trading books.
Kevin can be reached via e-mail at email@example.com.